Skip to Content
Morningstar

The Scotts Miracle Gro Co Class A SMG

Morningstar Rating
Unlock
Stock XNYS Rating as of
$70.54 +1.87 (2.72%)
View Full Chart
As of Delayed Price Closed
Unlock our analysis with Morningstar Investor
Start Free Trial

Company Report

View Archive

Scotts Miracle-Gro Earnings: US Consumer Volume Growth Points to Upcoming Profit Recovery

Seth Goldstein

Scotts Miracle-Gro reported stable fiscal second-quarter results as companywide adjusted EBITDA was down 2% versus the prior-year quarter, and there was a 28% sales decline in the Hawthorne business. The results were in line with our outlook for the cadence of the year. Having updated our model to incorporate fiscal second-quarter earnings, we maintain our $95 per share fair value estimate. Our narrow-moat rating is also unchanged.

Read Full Report

Price vs Fair Value

View History
SMG is trading at a 26% discount.
Price
$70.54
Fair Value
$14.00
Uncertainty
Very High
1-Star Price
$476.79
5-Star Price
$28.40
Economic Moat
Sjybvl
Capital Allocation
Qcfc

Bulls Say, Bears Say

Bulls

US household formation growth will drive demand for gardening products. As the market leader in consumer gardening products, Scotts will benefit from the secular housing trend.

Bears

While the recreational gardening industry is growing, consumers will increasingly prefer cheaper private label and generic products, reducing Scotts' market share over time.

Show More
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if SMG is a good fit for your portfolio.
Get 7 Days Free

News

View All

Trading Information

Previous Close Price
$68.67
Day Range
$69.48–70.94
52-Week Range
$43.67–77.95
Bid/Ask
$69.00 / $73.64
Market Cap
$4.00 Bil
Volume/Avg
937,423 / 813,299

Key Statistics

Price/Earnings (Normalized)
96.63
Price/Sales
1.16
Dividend Yield (Trailing)
3.74%
Dividend Yield (Forward)
3.74%
Total Yield
4.03%

Company Profile

Scotts Miracle-Gro is the largest provider of gardening and lawncare products in the United States. The majority of the company's sales are to large retailers that include Home Depot, Lowe's, and Walmart. Scotts Miracle-Gro can sell its products at a higher price point than its competition because of a well-recognized portfolio of brands that include Miracle-Gro, Roundup, Ortho, Tomcat, and Scotts. Scotts is also the leading supplier of cannabis-growing equipment in North America through its Hawthorne business.
Sector
Basic Materials
Industry
Agricultural Inputs
Stock Style Box
Small Growth
Total Number of Employees
5,500
Website
https://www.scottsmiraclegro.com

Competitors

Valuation

View More
Metric
SMG
MAS
CURLF
Price/Earnings (Normalized)
 96.6317.61—
Price/Book Value
 ——3.95
Price/Sales
 1.161.973.04
Price/Cash Flow
 61.2913.0071.65
Price/Earnings
SMG
MAS
CURLF

Financial Strength

Metric
SMG
MAS
CURLF
Quick Ratio
 0.391.020.31
Current Ratio
 2.201.740.85
Interest Coverage
 −1.6512.98−0.24
Quick Ratio
SMG
MAS
CURLF

Profitability

Metric
SMG
MAS
CURLF
Return on Assets (Normalized)
 0.84%16.54%−3.72%
Return on Equity (Normalized)
 ——−10.45%
Return on Invested Capital (Normalized)
 5.89%28.32%−2.20%
Return on Assets
SMG
MAS
CURLF
See how this stock stacks up to its competitors with Morningstar Investor
Start Free Trial

Agricultural Inputs Industry Comparables

Screen in Investor
Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
CTVA
Corteva IncFjcglpcsyShcnw$39.8 Bil
NTR
Nutrien LtdBgxnlmvyvQdrgt$26.2 Bil
CF
CF Industries Holdings IncGvvmpjbmRtrsxz$13.5 Bil
MOS
The Mosaic CoVbcnflnWly$9.2 Bil
FMC
FMC CorpNpnbpdjNltrnd$7.7 Bil
YARIY
Yara International ASA ADR—Rdnk$7.3 Bil
YRAIF
Yara International ASA—Spgs$7.3 Bil
KPLUF
K+S AG—Fnc$2.7 Bil
KPLUY
K+S AG ADR—Lxv$2.7 Bil

Sponsor Center